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Company News for Dec 2, 2020

Zacks Equity Research
·1 min read
  • Shares of Tesla, Inc. TSLA rallied 3% after S&P Dow Jones Indices said that the company will be added to the S&P 500 on Dec 21.

  • Kohl’s Corp. KSS shares jumped 13.4% after the company announced that beauty retailer Sephora would open around 850 mini-shops inside Kohl’s stores by 2023.

  • Shares of Adapthealth Corp. AHCO advanced 18.8% as the company said it would buy AeroCare Holdings Inc. for $2 billion.

  • Exxon Mobil Corp. XOM shares popped 1% after the company announced that it would streamline its capital spending and also write down natural gas assets up to $20 billion.


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